Condensed Consolidated Statements of Comprehensive Income (USD $)	3 Months Ended		6 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2011	Dec. 31, 2010
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net (Loss) income before non-controlling interest	$ (4,556,869)	$ (2,097,295)	$ (3,632,271)	$ (5,508,529)
Foreign currency translation adjustments	512,734	2,517,107	(729,169)	8,695,486
Unrealized holding gains (losses) net of deferred tax	(57,330)	60,360	(91,102)	60,360
Total comprehensive income	(4,101,465)	480,172	(4,452,542)	3,247,317
Net (Loss) income attributable to non-controlling interest in subsidiaries	0	(1,838)	15,401	33,275
Comprehensive income attributable to Magellan Petroleum Corporation	$ (4,101,465)	$ 478,334	$ (4,437,141)	$ 3,280,592